New £20m trade park built in Tonbridge near A21, A26 and M25 will meet ‘significant demand’

Tonbridge Trade Park has 100,000sq ft of accommodation (Image: www.andrewhendry.com)

New £20m Industrial Development in Tonbridge, Commercial Lettings Agents Bracketts

A new £20million industrial development development has been built in Tonbridge. Situated on Vale Road, the trade park has created 100,000sq ft of commercial space and Ffur of the 15 “high specification Grade A units” have already been pre-let.

This means 31,750sq ft has already been snapped up. The trade park is a joint venture between developer Chancerygate and international property firm Hines.

Those behind the scheme said the industrial development would help meet the “significant demand” for high spec commercial accommodation in and around Tonbridge. Occupiers include chemical production company Tunap and car service and maintenance group Formula One Autocentres.

A further unit of 5,000sq ft is under offer, meaning well over a third of the space is already let or under offer. The 10 remaining units are available on a leasehold basis.

The companies behind the scheme flagged up the trade park’s “easy access” to transport links, the  A26 and  M25. Chancerygate development director Jonathan Lee said:

“Tonbridge Trade Park is the first new build, Grade A multi-unit trade park and urban logistics development in the area for more than 20 years.

“The scheme will help meet the significant demand for much-needed high specification, sustainable commercial accommodation in Tonbridge and surrounding areas.”

“With its strategic location, the scheme is best placed to serve businesses across Tonbridge and the wider region. This is evidenced by the pre-lets we have already seen and we anticipate this interest will only grow now practical completion has been achieved,”

Founded in 1995, Chancerygate said it was the UK’s largest multi-unit urban logistics property developer and asset manager. It has offices in London, Warrington, Birmingham, Bristol, and Milton Keynes.

The joint venture sold the trade park in Tonbridge to Northwood Investors, a real estate private equity firm, at the end of last year.

Kent’s most active commercial agent Bracketts and national agency DTRE have been appointed as joint letting agents.

Dominic Tomlinson MRICS

Partner

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From the minute I met Rebecca at the property she made the experience personal. I had some issues along the way and Rebecca was there to support me the entire way. I can’t thank Rebecca enough and would highly recommend her to anyone wishing to let their property.
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Have been renting through Bracketts for a while. Process was very smooth and the communications during tenancy have been excellent. Quick to respond and have chased when needed
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The survey provided was efficient, helpful and friendly. The report was received promptly and all queries answered quickly and simply, including plenty of photos of the flat roof. It was good to find a surveyor who could survey a flat roof at a very competitive price.
Ray T.
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Very professional and attentive. Excellent service provided throughout the entire rental process. Highly recommended!
Sandie J.
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I was recommended Bracketts by a client and am very pleased to have been referred. The service was quick and efficient and the survey results were very clear. I was also really pleased on asking questions, that the responses were clear and in layman's terms, which is exactly what I needed. Would absolutely recommend.
John D.
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Rebecca was very easy to work with. Communicated openly, was happy to take ideas / feeback on the property and always responded promptly to support us get contracts signed. Would recommend working with her
Toby W.
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Bracketts have been great with the house purchase. Through Nick and Lucy initially with viewings and then getting into the property having had our offer accepted to Janice who has helped push all the elements along to point of completion everyone has been really friendly, helpful and understanding. Thanks and Merry Christmas.
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We used Brackett's to provide a structural survey and they gave an excellent friendly service, nothing too much trouble, and would defiantly recommend.
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